Question

Nika earns a gross pay of $73,000. Her total employee benefits are 22% of her gross pay and she has no job expenses. If Nika gets an increase in pay of $5,000, what will her total employment compensation be? (Note: Employee benefits are based on Nika's original gross pay.) a. $78,000 b. $79,100 c. $94,060 d. $95,160 Please select the best answer from the choices provided A B C D

Answer 1

C

Step-by-step explanation:

Edge 2021

Answer 2

c. $94,060

Step-by-step explanation:

Data given in the question

Gross pay = $73,000

Employee benefits is

= 22% of her gross pay

= 22% × $73,000

= $16,060

And, the increment in pay is $5,000

So, the total employment compensation of Nika is

= Gross pay + employee benefits + increment

= $73,000 + $16,060 + $5,000

= $94,060

We simply added the above three items